CFR Presents

Energy, Security, and Climate

CFR experts examine the science and foreign policy surrounding climate change, energy, and nuclear security.

Posts by Category

Showing posts for "Natural Gas"

Time to Repeal U.S. Oil and Gas Tax Breaks

by Varun Sivaram

This post is co-authored by Sagatom Saha, research associate for energy and foreign policy at the Council on Foreign Relations. Read “The Impact of Removing Tax Preferences for U.S. Oil and Gas Production,” a Discussion Paper from CFR’s Program on Energy Security and Climate Change in the Center for Geoeconomic Studies. Read more »

What Will It Take to Turn Natural Gas Around in India?

by Guest blogger for Varun Sivaram
An LNG tanker from Qatar bound for Asia. Qatar is one of the major supplier of imported gas to India (Flickr). A Liquefied Natural Gas (LNG) tanker from Qatar. Qatar is one of the major suppliers of natural gas to India (Flickr).

This guest post is co-authored by Sarang Shidore, a visiting scholar at the LBJ School at the University of Texas at Austin, and Joshua Busby, associate professor of public affairs at the Robert S. Strauss Center for International Security and Law at the LBJ School at UT Austin. Read more »

What the TPP Means for LNG

by Michael Levi
Japan LNG TPP trans-pacific partnership trade natural gas REUTERS/Issei Kato

This post was co-written with Cole Wheeler, CFR’s research associate for energy and the environment. 

Unfettered access to U.S. liquefied natural gas (LNG) was reportedly a prime motivation behind Japan’s decision to join the Trans-Pacific Partnership (TPP) trade talks. The United States already gives automatic approval of exports to 18 other countries with which it has special free trade agreements (FTAs), but requires distinct permits for exports to others, including Japan. Yet there has been scant (if any) reporting on this issue since the release of the final TPP text two weeks ago, and there appears to be considerable confusion about what the deal actually does. A look at the text of the agreement in the context of U.S. law confirms that it grants automatic approval of exports to Japan and the other TPP member nations. Read more »

The Other Big Energy Export News

by Michael Levi

The energy world has been abuzz this week with news that the Department of Commerce will allow exports of minimally processed condensate. This has been heralded as a “step towards a rational oil policy” and a shift that “could change the world’s energy balance”. In particular, many are speculating that this is a step toward complete elimination of the ban on crude oil exports. Read more »

A Faustian Bargain for Ukraine?

by Michael Levi

Earlier today Russia intervened dramatically in Ukraine’s political turmoil with an offer to sell the cash-strapped country deeply discounted natural gas. The New York Times captured the prevailing wisdom when it wrote that it was unclear what “Russia might receive in return for its assistance”. Here’s an answer: Russia will receive immense leverage over Ukraine. Indeed history suggests that cheap energy is much more effective than expensive energy as a true source of geopolitical leverage. Read more »

Thoughts on a New Methane Study

by Michael Levi

A new paper in press at Geophysical Research Letters (GRL) claims to show methane leakage of between 6.2 and 11.7 percent in Uintah County, Utah. This is the same study that got pre-review press in January after a co-author claimed, in a conference presentation, to have observed 9 percent leakage. The study team, which includes many of the same people who claimed last year to have observed massive methane leakage in Colorado, once again uses their results to question the “bottom-up” estimates upon which the EPA relies, saying that those lowball actual emissions. Read more »

Energy, Industry, and the Countryside

by Michael Levi

I’ve argued frequently that shale gas and tight oil development can be done safely, given the right practices and the right rules to ensure that those are followed. Over the past month, as I’ve traveled and talked to people about The Power Surge, I’ve heard one powerful countervailing sentiment several times: Even if fracking is done right, aren’t we talking about the industrialization of the countryside? And is that really something we should accept? Read more »

How to Improve the LNG Export Approval Process

by Michael Levi

One of the odder aspects of how applications to export liquefied natural gas (LNG) are being handled is the “first come, first served” approach. The Department of Energy (DOE) has said that it will consider applications to export LNG to countries with which the United States does not have applicable free trade agreements (non-FTA countries) in the order that they are filed with the DOE, regardless of any other merits or weaknesses of the individual applications. This is led to a stampede of questionable applications driven by a desire to be first in line. Read more »